Sep 29 2008
Bail out bill fails - and EVERYONE is to blame!
Alright already! Enough with the blame game! Pelosi and Barney Frank are blaming the Republicans and the Republicans are blaming Pelosi because of that idiotic speech just before the vote. Well considering the vote went like this:
| Affiliation | Yeas | Noes | NV |
| Democrats | 140 | 95 | 0 |
| Republicans | 65 | 133 | 1 |
| Independents | 0 | 0 | 0 |
| TOTALS | 205 | 228 | 1 |
There was almost 40% of the Democrats voting against this thing as well! So - there is no one to blame but themselves - ALL the politicians!
The BoBo has a link to the full text of the bill - go check it out. There is a lot of crap in that bill that would effectively destroy our financial system if it was enacted. I don’t know whether it was what Pelosi said, or if it was the politicians actually listening to the 60%+ of the population who said NO, or whether they just realized it was a bad bill - but - something needs to be done - and done the correct way!
I’m not for a bailout myself. NO private business should EVER be bailed out by the government on taxpayer dollars - no matter how big they are! I say, let the system fail. Let’s reset the market and our economy and our government! But, the government is just as much to blame for this mess as are those idiot businesses for allowing the government to force idiotic laws on them. I would rather have risked the growth of my business than take on debt that I knew couldn’t be paid back. Anyone involved in those high-risk loans and the repackaging selling and buying of them are all idiots and deserve to fail!
So - you idiot politicians up there that voted for that pathetic bill - start over - work slowly - and get it right this time! There is no rush. Wallstreet is just ONE component of our entire economy. The real businesses and real employers - small businesses - will still survive and will still have employees out there working and moving the economy around. Those big businesses account for a small portion of the entire workforce. Those banks and mortgage companies that failed won’t hurt the one’s remaining that actually had sound policies. Sure - credit will be tight - AS IT SHOULD BE - but those small businesses with sound business strategies and policies will still be able to get credit and loans for growth from the remaining banks.
Let the free-market and capitalism work like it’s supposed to. Get the government out of the way and let our economy work the way it’s supposed to work - WITHOUT government interference!
Nuff said.

